Business News

Commercial property business news and insights.

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New chapter for The Library nightclub
Hospitality group Entertainment Enterprises will part ways with popular Perth nightclub The Library, 34 years after buying the venue. The Northbridge nightspot, which spans two levels and is renowned for its library-themed decor with more than …
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Gold Coast fires up over Chinese casino resort
A $3 billion mega-casino resort planned to be built on the Gold Coast, backed by the Chinese government, is under fire for failing to provide specific details of the development during the crucial public consultation period. This article originally appeared on theaustralian.com.au/property.
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US cruise companies eye off Australian islands
American cruise companies are looking to buy private ­islands off Queensland’s coast to offer passengers exclusive destinations and further control passenger spending. This article originally appeared on theaustralian.com.au/property.
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Melbourne tops tech rankings
Melbourne’s status as one of the world’s most liveable destinations has seen it officially ranked as one of the world’s top ‘tech cities’, according to new research.
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Online retail goliath Alibaba launches Melbourne office
Chinese e-commerce giant Alibaba is the latest online retail juggernaut to lay roots in Australia, after opening its first Australian office in Melbourne on the weekend.
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ANZ to anchor tenancies at Docklands tower
ANZ has been confirmed as the anchor tenant at LendLease’s new office tower at 839 Collins St, alongside the bank’s existing Docklands headquarters. In a deal confirmed on Monday, the bank will lease 26,500sqm of the …
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What to expect at Britain’s Bunnings
Bunnings Warehouse has opened its first UK pilot store this weekend, marking the beginning of local brand Homebase’s transition into the Australian chain’s iconic green and red colours.
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Telstra inks new deal at Brisbane office
Telecommunications giant Telstra has opted to stay put at its Brisbane premises with the group striking fresh leases at properties owned by Charter Hall Group’s unlisted Prime Office Fund and Singapore-listed Keppel REIT in one of the city’s largest leasing deals. This article originally appeared on theaustralian.com.au/property.
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Trump inauguration: where to for property and the economy?
This year will no doubt prove to be very interesting for commercial property and global economy, not least because of Donald Trump’s inauguration on January 20.
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